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43) Firm A is planning on merging with Firm B. Firm A currently has 2,300 shares...
43) Firm A is planning on merging with Firm B. Firm A currently has 2,300 shares of stock outstanding at a market price of $20 a share. Firm B has 750 shares outstanding at a price of $15 a share. The merger will create $200 of synergy. How many of its shares should Firm A offer in exchange for all of Firm B's share if it wants its acquisition cost to be $12,000? 43) ______
A) 607B) 593C) 598D) 584E) 600
PLEASE EXPLAIN thank you my professor has 607 as the correct
answer
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